Dealers
U.S. used-vehicle sales drop 6% in first quarter
4:04 pm U.S. ET | May 14, 2013
Industry-wide used-vehicle sales dropped 6 percent in the first quarter of 2013 compared to the same quarter last year, according to Edmunds.com's new Used Market Quarterly Report.... Read More » Comments [0] | Recommendations [0]
BEST PRACTICES
Dealer pairs test driver's phone to car
12:01 am U.S. ET | May 13, 2013
A Chrysler Group dealer in Michigan has turned a 30-second routine into a better way to demonstrate his technology-laden vehicles.Before the start of each test drive at Extreme Chrysler-Dodge-Jeep-Ram, the salesperson showing the vehicle asks the customer in the driver's seat for his or her smartphone and -- with permission -- connects the phone to the vehicle's infotainment system.... Read More »| Related topics: | Dealer Groups and Dealerships | Shareholder Value | NADA | Dealer Speaks | Best Practices | Innovative Dealers | Visionary Dealers | Finance and Insurance | Fixed Operations | Advertising | Used Cars | Vehicle Sales | U.S. Monthly Sales |
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James Lawrence, NADA Used Car Guide publisher, dies
5:15 pm U.S. ET | May 14, 2013
James Lawrence, former publisher of NADA Used Car Guide, died May 6. He was 90.... Read More »SURGICAL MARKETING STRIKES
Automakers grow adept at targeting ads to Internet surfers
12:01 am U.S. ET | May 13, 2013
The digital age has spawned effective ways for auto marketers to swipe customers from competitors. By monitoring the online shopping habits of millions of consumers, marketers can place online ads in front of shoppers quickly and precisely.... Read More »Manufacturers could challenge Colo. franchise bill
3:42 pm U.S. ET | May 13, 2013
The Alliance of Automobile Manufacturers could challenge dealer-backed franchise legislation that passed the Colorado Legislature earlier this month. Alliance spokesman Dan Gage said the association has yet to make a final determination on whether to file a lawsuit to try to overturn the measure.... Read More »Retired Texas dealer McCall supports Tesla
12:01 am U.S. ET | May 13, 2013
Retired Texas auto dealer Sterling McCall surprised fellow dealers in April when he testified in favor of Tesla Motors Inc.'s bid to carve out an exemption to state franchise law. But after buying two Teslas himself -- and taking delivery of his Model S in a high school parking lot -- McCall became convinced that the current Texas law is unfair to the electric vehicle maker.... Read More »Jaguar launches plan to spruce up stores
12:01 am U.S. ET | May 13, 2013
Jaguar is rolling out a plan to refurbish its U.S. dealerships in preparation for a wave of new products. Regional Jaguar teams are going "door-to-door" to discuss the new corporate identity standards, starting with about 50 older stores.... Read More »FINANCE & INSURANCE Q&A: TOM DUNDON
Chrysler Group seeks an edge with Chrysler Capital
12:01 am U.S. ET | May 13, 2013
Chrysler Capital, the private-label arrangement between Santander Consumer USA and Chrysler Group, began operating in the United States May 1 as the preferred lender for Chrysler Group. Chrysler Capital will offer prime and subprime retail loans and leasing through Chrysler dealers, as well as floorplanning and construction loans to dealers.... Read More »N.J. store sues Chrysler over termination
12:01 am U.S. ET | May 13, 2013
A Chrysler Group dealership in central New Jersey has filed a lawsuit to stop the automaker from terminating the dealership's franchises.... Read More »ADESA forecasts rising off-lease volume in second half of year
12:01 am U.S. ET | May 13, 2013
ADESA, the nation's second-largest used-vehicle auction company, expects an uptick in sales of off-lease vehicles, especially in the second half of the year, said the top executive at its parent company.... Read More »Dealers
12:01 am U.S. ET | May 13, 2013
Dealerships in this report: Nabors Toyota in Clarksdale, Miss.; Avery Greene Honda in Vallejo, Calif.; Haron Jaguar in Fresno, Calif.; Long Hyundai in Chattanooga; and the Iowa Automobile Dealers Association.... Read More »FINAL ASSEMBLY
Jackson: Penske sets my retirement pace
12:01 am U.S. ET | May 13, 2013
AutoNation CEO Mike Jackson's employment contract with the country's largest dealership group is up in September. Jackson will turn 65 next February, but he has no intention of walking out the door any time soon.... Read More »Sales Data
Inventory
Dealer Data
Incentives
Fiat dealers anxious for broader product lineup
12:01 am U.S. ET | May 11, 2013
Some of the 204 Fiat dealers in the United States are struggling to turn a profit selling several versions of the Fiat 500 subcompact and some dealers said they anxiously await more details from Chrysler and its Italian parent, Fiat S.p.A., on plans to expand products beyond what has been already announced.... Read More »N.J. dealership sues Chrysler to prevent franchise terminations
12:03 pm U.S. ET | May 10, 2013
A Chrysler Group dealership in central New Jersey has filed a lawsuit to halt the automaker's efforts to terminate the dealership's franchises for failing to improve to factory standards.... Read More »Colorado franchise bill headed to governor
3:37 pm U.S. ET | May 10, 2013
Dealer-backed legislation introduced last month in Colorado to significant manufacturer opposition has passed the state Legislature and is headed to the governor.... Read More »Penske raises dividend 7%
3:52 pm U.S. ET | May 10, 2013
Penske Automotive Group increased its quarterly dividend by 7 percent, to 15 cents per share, for the first quarter, the company announced today.... Read More »Ferrari will reduce supercar sales to maintain brand exclusivity
9:49 am U.S. ET | May 8, 2013
Ferrari plans to reduce sales to fewer than 7,000 vehicles this year to maintain the exclusivity of the brand. Ferrari plans to boost profitability with high-end, customized version of its vehicles while holding back on their availability.... Read More »BEST PRACTICES
Custom 'werks' loads up Jeeps -- and revenue
12:01 am U.S. ET | May 6, 2013
The staff at Fields Chrysler-Jeep-Dodge-Ram noticed that many of the Jeeps they sold looked different when their owners came in for an oil change or other service appointment. The vehicles might have new tires, flashier wheels or modifications such as suspension lift kits.... Read More »Public retail groups: 'We're fighting tooth and nail' for margins
12:01 am U.S. ET | May 6, 2013
Profit margins on new vehicles are slipping for the nation's largest dealership groups as manufacturers and retailers slug it out for market share. New-car margins dropped for all the public dealership groups during the first quarter of 2013.... Read More »AutoTrader's VinSolutions buys Haystak Digital Marketing
5:14 pm U.S. ET | May 6, 2013
VinSolutions, a unit of the AutoTrader Group, has agreed to buy Haystak Digital Marketing.... Read More »Chevy courts 'girls' on social media
12:01 am U.S. ET | May 6, 2013
Some Chevy local marketing associations are finding prospective customers with Facebook pages tailored to women in specific metro areas, melding marketing messages with local goings-on.... Read More »
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 Ford's Hinrichs: 'We've learned lessons from the last few years'Ford's new Americas boss Joe Hinrichs says the hobbled launch of the Lincoln MKZ has been his biggest... Mon., May 13» Watch the Video |
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